Kreslik.com - traders community since 2006

ok i started walking through this bar by bar

i assume four reds lined up would suggest a sell and four greens a buy

it acutally seemed to work better to do just the opposite

maybe i need to get my eyes checked for red/green color blindness?

wondering if anyone has found this indicator usefull? i actually put it on a 1mn and 60mn chart i let the 60 mn chart set the predominate trend i use the 1mn then to ID extreme overbought in down trends (opposite for long trend) been walking through the charts and seems to be working any other thoug...

as i have been watching and paper trading I have notice this often moves very quick any guideance from experience on how folks enter orders, i can not imagine time to set up limit orders ahead of time seems like price moves and you have to act much luck with market orders, fill or kill orders ( i do...

i should have posted my aapl juice question here, i put it in the milk the cow here is what i observed the other day, from the open it hit the buy zone trigger, then reversed and hit the sell zone trigger with profit potential so the long would have most likely been stopped out or has a <.02 profit ...

I noticed something... use Sunday's buy zone for a WEEKLY BIAS. If the price is below Sunday's open, look to go short each day. If the price is above Sunday's open, look to go long each day. Just look at the charts and you'll see it too!! tro do you mean to just go long at the open if above sunday ...

i have been paper trading this on the usdjpy only, based on a 7am CST start for the NY session, seems to bounce alot between the buy price trigger and before it hits profit/exit point it bounces down to the sell short price trigger, so i assume you exit with a 8 pip loss and reverse positions but th...

just to see if i have aapl and mild the cow understood, here is what i saw today

initial long got stopped out but short hit target

is this correct

yes i backtested with tradestation

based on some input from others in the forum i went back and manually traded it on the chart using historical data and the indicators from tro on the chart.

I have taken some time off since my initial post of the tradestation results I posted a week ago which seemed to spark some good dialog. My takeaway from input of many was that more goes into successfully trading the $trillion strategy than a pure mechanical approach. So as trying to learn from many...

eudamonia

thanks for the reply

can you please help me understand what you mean by
"This is why backtesting is cute, but you need to read the tape if you want to make this work."

read the tape?